Visiting and presenting gifts to encourage cadres, engineers and workers working on the Dong Dang - Tra Linh expressway project, Prime Minister Pham Minh Chinh said that in 2025, our country will have many important anniversaries such as the 95th anniversary of the Party's founding, the 50th anniversary of the Liberation of the South, the reunification of the country, the 135th anniversary of President Ho Chi Minh's birthday, the 80th anniversary of National Day... therefore, everyone must make efforts to complete the North - South expressway axis, starting from Cao Bang to Ca Mau cape to practically celebrate these great events.
The Prime Minister also requested that investors, contractors, related units, engineers and workers must strive to overcome all difficulties and challenges, carry out construction in "3 shifts, 4 shifts", "eat and sleep quickly", "only work, no back-up", "work during the day is not enough, work at night", work through holidays, Tet holidays; strive to bring the project to meet progress, quality, technical and aesthetic requirements, labor safety, environmental sanitation...
Accordingly, the Dong Dang - Tra Linh expressway project is an important part of Vietnam's transport infrastructure development plan. This project includes two investment phases with a total length of 121 km and a total investment of more than VND23,000 billion.
Phase 1 is over 93 km long from Lang Son to Cao Bang, with an investment capital of 14,114 billion VND, of which the state supports 69.43%, equivalent to about 9,800 billion VND.
The project aims to reduce travel time between Cao Bang and Hanoi to 3.5 hours. Phase 2 will expand the existing route and connect to Tra Linh border gate with a total investment of about VND8,946 billion.
The site clearance progress is currently at 93.6%, and the two localities are determined to hand over the entire project by the end of 2024. Construction units are working continuously, mobilizing a lot of human resources and equipment, to ensure completion by 2025.
The consortium of investors is proposing to the Prime Minister in November 2024 to approve the adjustment of the project investment policy to increase the proportion of State budget support capital to a maximum of 70% of the total investment according to Resolution 106/2023/QH15.
Unified investment in phase 2 of the entire route under the PPP form, at the same time applying the same mechanism as phase 1: State budget capital supports 70% of the total investment; Selecting investors in the form of designated bidding; Special mechanism on mineral exploitation; Support for preferential loans from VDB bank.